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770 NE 91ST Ave, Portland, OR, 97220
Spacious Portland Duplex Opportunity

770 NE 91ST Ave Portland, OR 97220

For Sale
$649,999

MULTI_FAMILY - Portland, OR

Property Size3,200 SF
Lot Size0.12 Acres
Price / SF$203.12
Days on Market163

Property Features for 770 NE 91ST Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 4
Bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 3
Standard status Active
APN R261130
Size 3,200 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description ROSE WOOD, BLOCK 3, N 1/2 OF LOT 19-22
Tax Annual Amount 6569

Utilities

Heating system Forced Air

Building Details

Year built 1965
Floors in Building 2
Number of units 2
Listing Agency: Sonya DeAngelo Real Estate
Listed By: Sonya DeAngelo
Added: Feb 17 Changed: Jul 29 Last Checked: Jul 30 at 5:06AM
MLS# 158958167

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property in Portland, Oregon, features a spacious duplex with over 3200 square feet of living space. The property, zoned R2, is situated on a lot of approximately 0.12 acres. The duplex has long-term renters currently paying below-market rent. This property presents an opportunity for owner-occupancy, allowing the owner to live in one unit and rent out the second. The property is located in Portland, OR, with the postal code 97220, situated in Multnomah County.

Key Highlights

  • Spacious 4BR duplex with 2 bathrooms and over 3,200 sq ft of living space
  • Year built 1965
  • Forced air heating

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $67.2k $21.00
− Vacancy −$3.5k −$1.09
EGI $63.7k $19.91
− OpEx −$19.1k −$5.97
NOI $44.6k $13.94
3,200 SF · lease $21.00/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$637.1K
$557.4K – $743.2K (±1% cap)
NOI $44,594 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$587.0K
$513.6K – $684.8K (±1% cap)
NOI $41,088 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$898.6K
$786.3K – $1.05M (±1% cap)
NOI $62,905 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Bakery Tech Support Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Large duplex with long-term tenants and investment potential.
Where is this duplex located?
The property is located at 770 NE 91ST Ave Portland, OR.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: Spacious 4BR duplex with 2 bathrooms and over 3,200 sq ft of living space; Year built 1965; Forced air heating
More about this property
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